Iowa Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$127,600

0.1% 1-year change

3.3% 1-year forecast

The median home value in
Iowa is $127,600.
Iowa home values have
gone up
0.1%
over the past year
and Zillow predicts they will
rise
3.3%
within the next year.
The median list price per square foot in
Iowa is $108.
The median price of homes currently listed in
Iowa
is
$139,900
while the median price of homes that sold is
$124,500.
The median rent price in
Iowa
is
$800.

Foreclosures will be a factor impacting home values in the next several years. In
Iowa
1.5
homes are foreclosed (per 10,000).
This is
lower than
the national value of
3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in
Iowa
is
3.0%, which is
lower than
the national value of
6.3%.
With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of
Iowa
homeowners underwater on their mortgage is
16.0%.

Iowa Market Health

Data through Feb 28, 2015

7.9/10
Very healthy

The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.